Real Madrid Agrees to $67 Million Transfer for Luka Jovic

Luka Jovic. Photo by Javier Garcia/BPI/REX/Shutterstock (10232924aq)

After months of speculation, it’s finally official. Real Madrid has agreed to pay Eintracht Frankfurt $67 million to acquire striker Luka Jovic in a move to improve the team’s offensive attack.

As part of the deal, Eintracht will receive 80% of the money from the transfer, and Jovic’s former club, Benfica, will earn 20%.

The terms of the transfer include a five-year deal in which Jovic $11.2 million per year.

Jovic burst onto the scene as one of the top talents in European soccer this season at 21 years old. He scored 17 goals for the Bundesliga side in the domestic campaign as well as 10 more in the UEFA Europa League, which ended with his side losing in the semi-finals to Chelsea.

The Serbia native also plays for his country’s national team, featuring as the team’s lead striker. He scored his first goal for Serbia in March against Germany in a friendly match.

Jovic will join Real Madrid’s attack alongside talents such as Karim Benzema and Vinicius Junior. The Spanish giants hope that he will help lead them back to glory after a disappointing 2018-19 season.

Jovic is expected to join Real Madrid this summer in preparation for the upcoming 2019-20 season.